ICE Reaches Record Open Interest Across Global Energy Benchmark Brent Crude Futures and Options
Intercontinental Exchange (NYSE:ICE) has announced record-breaking open interest across its global energy benchmark markets. On October 18, 2024, ICE Brent crude futures and options reached a record 6.4 million contracts, surpassing the previous record set in April 2020. Brent open interest is up 20% year-over-year. Additionally, ICE's total oil options markets hit a record 6.4 million contracts on the same day.
ICE Low Sulphur Gasoil futures and options also achieved a record 1.3 million contracts, up 67% year-over-year. The average daily volume in Gasoil is up 24% year-over-year. On October 15, 2024, total oil options hit a record traded volume of over 593,800 contracts, with Brent options reaching nearly 542,000 contracts.
ICE's energy complex has seen significant growth, with open interest across its global energy complex up 21% year-over-year at 61.2 million contracts and average daily trading activity up 27% year-to-date.
Intercontinental Exchange (NYSE:ICE) ha annunciato un interesse aperto record nei suoi mercati benchmark globali dell'energia. Il 18 ottobre 2024, i futures e le opzioni sul petrolio greggio Brent di ICE hanno raggiunto un record di 6,4 milioni di contratti, superando il precedente record stabilito nell'aprile 2020. L'interesse aperto sul Brent è aumentato del 20% rispetto all'anno precedente. Inoltre, i mercati totali delle opzioni sull'olio di ICE hanno toccato un record di 6,4 milioni di contratti nello stesso giorno.
I futures e le opzioni sul gasolio a bassa sulfurea ICE hanno anch'essi raggiunto un record di 1,3 milioni di contratti, con un aumento del 67% rispetto all'anno precedente. Il volume medio giornaliero nel gasolio è aumentato del 24% rispetto all'anno precedente. Il 15 ottobre 2024, le opzioni totali sull'olio hanno registrato un volume di scambi record di oltre 593.800 contratti, con le opzioni Brent che hanno raggiunto quasi 542.000 contratti.
Il complesso energetico di ICE ha mostrato una crescita significativa, con un interesse aperto che è aumentato del 21% rispetto all'anno precedente, raggiungendo i 61,2 milioni di contratti e un'attività commerciale media giornaliera aumentata del 27% dall'inizio dell'anno.
Intercontinental Exchange (NYSE:ICE) ha anunciado un interés abierto récord en sus mercados de referencia de energía global. El 18 de octubre de 2024, los futuros y opciones del petróleo crudo Brent de ICE alcanzaron un récord de 6,4 millones de contratos, superando el récord anterior establecido en abril de 2020. El interés abierto en Brent ha aumentado un 20% en comparación con el año anterior. Además, los mercados totales de opciones de aceite de ICE alcanzaron un récord de 6,4 millones de contratos el mismo día.
Los futuros y opciones de gasóleo de bajo azufre de ICE también lograron un récord de 1,3 millones de contratos, con un aumento del 67% en comparación con el año anterior. El volumen diario promedio en gasóleo ha aumentado un 24% en comparación con el año anterior. El 15 de octubre de 2024, el volumen total de las opciones de aceite alcanzó un volumen de negociación récord de más de 593,800 contratos, con las opciones Brent que alcanzaron casi 542,000 contratos.
El complejo energético de ICE ha visto un crecimiento significativo, con un interés abierto en su complejo energético global aumentado un 21% en comparación con el año anterior, alcanzando 61,2 millones de contratos y una actividad comercial diaria promedio aumentada en un 27% desde el comienzo del año.
인터콘티넨탈 익스체인지(뉴욕증권거래소:ICE)는 글로벌 에너지 벤치마크 시장에서 사상 최대의 미결제약정 기록을 발표했습니다. 2024년 10월 18일, ICE 브렌트 원유 선물 및 옵션은 640만 계약에 도달하여 2020년 4월에 설정된 이전 기록을 넘어섰습니다. 브렌트 미결제약정은 전년 대비 20% 증가했습니다. 또한, ICE의 총 유가 옵션 시장은 같은 날에 640만 계약의 기록을 세웠습니다.
ICE 저황 경유 선물 및 옵션도 130만 계약의 기록을 세우며 전년 대비 67% 증가했습니다. 경유의 평균 일일 거래량은 전년 대비 24% 증가했습니다. 2024년 10월 15일, 총 유가 옵션 거래량은 593,800 계약을 초과하는 기록을 세웠으며, 브렌트 옵션은 거의 542,000 계약에 달했습니다.
ICE의 에너지 복합체는 상당한 성장을 보였으며, 글로벌 에너지 복합체의 미결제약정은 전년 대비 21% 증가하여 6120만 계약에 이르렀고, 연초 대비 평균 일일 거래 활동은 27% 증가했습니다.
Intercontinental Exchange (NYSE:ICE) a annoncé un intérêt ouvert record sur ses marchés de référence mondiaux de l'énergie. Le 18 octobre 2024, les contrats à terme et options sur le pétrole brut Brent d'ICE ont atteint un record de 6,4 millions de contrats, dépassant le précédent record établi en avril 2020. L'intérêt ouvert sur Brent est en hausse de 20 % par rapport à l'année précédente. De plus, les marchés des options pétrolières d'ICE ont atteint un record de 6,4 millions de contrats le même jour.
Les contrats à terme et options sur le gazole à faible soufre d'ICE ont également réalisé un record de 1,3 million de contrats, en hausse de 67 % par rapport à l'année précédente. Le volume moyen quotidien du gazole a augmenté de 24 % par rapport à l'année précédente. Le 15 octobre 2024, le volume total des options pétrolières a atteint un volume de négoce record de plus de 593.800 contrats, les options Brent ayant atteint près de 542.000 contrats.
Le complexe énergétique d'ICE a connu une croissance significative, avec un intérêt ouvert dans son complexe énergétique mondial en hausse de 21 % par rapport à l'année précédente, atteignant 61,2 millions de contrats et une activité de négociation quotidienne moyenne en hausse de 27 % depuis le début de l'année.
Intercontinental Exchange (NYSE:ICE) hat einen Rekord bei den offenen Positionen an seinen globalen Energiemärkten bekannt gegeben. Am 18. Oktober 2024 erreichten ICE Brent Rohöl-Futures und -Optionen mit 6,4 Millionen Kontrakten einen Rekord und übertrafen damit den bisherigen Rekord aus dem April 2020. Das offene Interesse an Brent ist im Jahresvergleich um 20 % gestiegen. Darüber hinaus erreichten ICEs gesamte Öloptionsmärkte am gleichen Tag einen Rekord von 6,4 Millionen Kontrakten.
ICE Low Sulphur Gasoil-Futures und -Optionen erzielten ebenfalls einen Rekord von 1,3 Millionen Kontrakten, was einem Anstieg von 67 % im Vergleich zum Vorjahr entspricht. Das durchschnittliche tägliche Handelsvolumen im Gasoil stieg im Vergleich zum Vorjahr um 24 %. Am 15. Oktober 2024 wurde ein Rekordhandelsvolumen von über 593.800 kontrahierten Optionen erreicht, während die Brent-Optionen fast 542.000 Kontrakte erreichten.
ICEs Energiekomplex hat ein signifikantes Wachstum verzeichnet, mit einem offenen Interesse an seinem globalen Energiekomplex, das im Jahresvergleich um 21 % auf 61,2 Millionen Kontrakte gestiegen ist, und einer durchschnittlichen täglichen Handelsaktivität, die seit Jahresbeginn um 27 % gestiegen ist.
- Record open interest of 6.4 million contracts for ICE Brent crude futures and options
- 20% year-over-year increase in Brent open interest
- Record open interest of 6.4 million contracts for ICE's total oil options markets
- Record open interest of 1.3 million contracts for ICE Low Sulphur Gasoil futures and options, up 67% year-over-year
- 24% year-over-year increase in average daily volume for Gasoil
- 34% year-to-date increase in average daily volume for ICE oil options
- 21% year-over-year increase in open interest across ICE's global energy complex
- 27% year-to-date increase in average daily trading activity across ICE's global energy complex
- None.
Insights
The record-breaking open interest figures across ICE's energy markets, particularly in Brent crude futures and options, are significant indicators of market liquidity and participant engagement. The 20% year-over-year increase in Brent open interest to 6.4 million contracts demonstrates growing hedging and trading activity in the global oil benchmark.
The 67% year-over-year surge in Low Sulphur Gasoil futures and options open interest, reaching 1.3 million contracts, reflects increased focus on refined products amid shifting global energy dynamics. This, coupled with the 24% increase in Gasoil average daily volume, suggests heightened volatility and trading opportunities in the middle distillates market.
For ICE (NYSE: ICE), these records likely translate to higher trading revenues and potentially increased market data fees. The company's position as a leading provider of energy benchmark contracts strengthens its competitive moat in the exchange industry. Investors should monitor how these volume trends impact ICE's financial performance in upcoming quarters, particularly in the trading and clearing segment.
The record-breaking open interest across ICE's energy markets reflects several key market trends:
- Increased hedging activity due to geopolitical tensions and supply uncertainties
- Growing participation from financial players in commodity markets
- Rising importance of energy derivatives for risk management
The 34% year-to-date increase in oil options average daily volume indicates a heightened demand for volatility products, suggesting market participants are seeking more sophisticated tools to manage price risks. This trend could benefit ICE by driving higher-margin product adoption.
The overall 21% year-over-year increase in open interest across ICE's global energy complex, now at 61.2 million contracts, underscores the exchange's strong position in energy markets. This growth, combined with a 27% year-to-date increase in average daily trading activity, points to ICE's ability to capture market share and benefit from increased trading volumes in volatile market conditions.
Plus, Record Open Interest across Gasoil Futures and Options and Total Oil Options
In addition, ICE’s total oil options markets reached record open interest of approximately 6.4 million contracts on October 18, 2024. While ICE Low Sulphur Gasoil futures and options reached record open interest of 1.3 million contracts, up
“We know our customers are navigating extremely challenging market conditions this year and we appreciate their continued support and trust in our markets,” said Jeff Barbuto, Global Head of Oil Markets at ICE. “The oil markets on ICE were designed and developed by working closely with our customers to create contracts that fit their trading, risk management and liquidity needs through complex political and geopolitical landscapes, severe weather events and global security concerns. We’re proud to offer the biggest and most liquid oil markets in the world.”
Brent crude is the price barometer for three quarters of the world’s internationally traded crude oil. On October 15, 2024, total oil options hit record traded volume of over 593,800 contracts. On the same day, Brent options hit a trading record of nearly 542,000 contracts. ADV in ICE oil options is up
ICE’s energy complex includes the most liquid markets to trade global benchmarks across oil, natural gas and environmentals. Open interest across ICE’s global energy complex is up
About Intercontinental Exchange
Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges – including the New York Stock Exchange – and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 – Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2023, as filed with the SEC on February 8, 2024.
Category: EXCHANGES
ICE-CORP
Source: Intercontinental Exchange
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ICE Media:
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Source: Intercontinental Exchange
FAQ
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